Bitcoin Forum
June 21, 2024, 11:07:11 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 »
  Print  
Author Topic: you need to overcome your fear of losing money  (Read 52909 times)
Izarok
Full Member
***
Offline Offline

Activity: 237
Merit: 100



View Profile
October 13, 2017, 02:55:40 PM
 #841

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Losing is hard to stomach depending on how much you lose. Successful traders experienced it but they didn't let it set them back. We can treat it as a lesson to improve our skills in trading. No pain no gain.

catfishftw
Member
**
Offline Offline

Activity: 150
Merit: 10


View Profile
October 14, 2017, 08:27:47 AM
 #842

As the person above me said! Yes NO Pain NO Gain. Listen to the voices around? Losers exists and Winners exists too! so aren't you maybe a winner? it is all about how you use your brain. Take the step dude, and always remember Successful fear generates money!, So what I wanted to say was: Fear is fine! but with the right quantity. Whatever, just follow your desire it is the one who makes the man successful anyways.
entrepmind23
Sr. Member
****
Offline Offline

Activity: 644
Merit: 261


View Profile
October 14, 2017, 08:51:54 AM
 #843

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Losing is hard to stomach depending on how much you lose. Successful traders experienced it but they didn't let it set them back. We can treat it as a lesson to improve our skills in trading. No pain no gain.

That's right! When there is no pain then there is no gain. Being in profit is good but there are times when a person needs to lose to learn. Only in losing that a trader learns more. If he is always in profit then he would say to himself that his strategy is perfect but then no one is perfect so there would always be a flaw and he can only learn that in losing so that next time, he can adjust his strategy to reduce the risks. Emotions play a big part when trading so as much as possible be emotionless when trading and just follow the trading plan. There are times when traders are emotional especially if he can't afford to lose that money and that would be the time he would make risky decisions like chasing losing trades and then lose more.


                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
           ░▒█████████████████████▒░
         ▓███████████████████████████▓░
      ░███████████████▓░▒███████████████░
     ▓██████████▓▓▒░        ▒▒▓▓██████████
   ░███▓                               ▒███▒
  ░████               ▒▒▒               ████▒
 ░█████░           ░███████░            █████▒
 ██████░          ░██      ██▒          ██████
░██████░          ██       ██           ██████▒
▓██████           ██░ ░   ░██           ███████
▓██████         ████████████████        ███████
▓██████        █████████████████        ███████
░██████▒       ███████████████       ░██████▓
 ███████       █████████████████       ▓██████
 ░███████       ████████████████      ▓██████▒
  ▒███████▒       ░ ░     ░ ░       ░███████▒
   ░████████▒                     ▒████████▒
     ▓████████▓░               ░▓█████████
      ░██████████▓░          ▓██████████░
         ▓██████████▒     ▒██████████▓░
           ░▒██████████▒▓█████████▓░
                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
pratik009
Full Member
***
Offline Offline

Activity: 365
Merit: 108


View Profile
October 14, 2017, 09:01:11 AM
 #844

Yes you are right.if you don't overcome to fear of losing money than you never earn profits.every time you have to take some risk for get the profit.in very business you have to take some risk for earn some profits.the trading is quite risky sometimes you also lost your money but sometimes also you get more profits.so you have to take some risk.the more risk you take;the more profits you will get.its my motto Grin Wink
cryptojac17
Full Member
***
Offline Offline

Activity: 490
Merit: 107



View Profile
October 14, 2017, 09:07:38 AM
 #845

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Losing is hard to stomach depending on how much you lose. Successful traders experienced it but they didn't let it set them back. We can treat it as a lesson to improve our skills in trading. No pain no gain.

That's right! When there is no pain then there is no gain. Being in profit is good but there are times when a person needs to lose to learn. Only in losing that a trader learns more. If he is always in profit then he would say to himself that his strategy is perfect but then no one is perfect so there would always be a flaw and he can only learn that in losing so that next time, he can adjust his strategy to reduce the risks. Emotions play a big part when trading so as much as possible be emotionless when trading and just follow the trading plan. There are times when traders are emotional especially if he can't afford to lose that money and that would be the time he would make risky decisions like chasing losing trades and then lose more.


I like the philosophy no pain no gain yeah! there is no perfect in this world all of us will commit mistakes and what is important is how you learn from that mistakes and that's part of your development, you can be a success traders if you know already how to calculate risk, in this crypto currency world there always a flaws but if you are matured enough you have already hint to whom you must trust and not. For the beginners just start it in gradual manner.

illicit
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
October 14, 2017, 09:09:41 AM
 #846

If you're afraid to lose money in investments, then realize that you are technically, also losing money by not investing.

Nobody wants to lose money. And when it comes to investing, this is a possibility. Unfortunately, this fact has turned a lot of people off and made them choose to not invest at all.

I used to be like that, too. I was a strong believer that when it comes to my hard-earned money, “It’s better to be safe than sorry.”
Hichi
Member
**
Offline Offline

Activity: 88
Merit: 10


View Profile
October 17, 2017, 09:27:11 AM
 #847

people can't expect to trade and win all the time, of course you will lose some times, the question is. How much do you make when you are right, and how much do you lose when you are wrong? If you make a lot when you are right, then it doesn't matter if you were wrong a dozens times (as long as you've invested a fraction of your portfolio). That's another important lesson for traders, always trade a small portion of your portfolio, maybe 2% and don't over leverage, because if you go wrong you'll go wrong real fast. The less you invest the more chances you'll have to be right.. and mathematically speaking, even if you are tiny bit better than everyone else, you're still gonna make a profit in the long-term
Malaya
Full Member
***
Offline Offline

Activity: 322
Merit: 102



View Profile
October 17, 2017, 09:49:13 AM
 #848

Definitely it is a good thought to ponder! Overcoming the fear of losing money is not bad at all. It is a gargantuan part of being successful in trading because this is building an individuals character to keep on keeping on. To not give up and just to focus on the goal no matter what. Not all the time we win. There are times that we win in other ways which others sees at you loose something. That is absolutely okay.

████          O W N R   W A L L E T          ████   VISA PREPAID CARD    ████  Use crypto to pay in stores with OWNR  ████
❱❱❱❱ ❱❱❱ ❱❱ ❱     Buy, send, receive and exchange crypto        VISA    mastercard   SPA    UnionPay     ❰ ❰❰ ❰❰❰ ❰❰❰❰
BLOG       TWITTER     ██ █▌█ ▌     Manage crypto and VISA card in OWNR Wallet app    ▐ █▐█ ██     REDDIT   YOUTUBE
RealPhotoshoper
Legendary
*
Offline Offline

Activity: 1050
Merit: 1001



View Profile
October 17, 2017, 10:51:26 AM
 #849

For me a bit but i still having progress of reducing my fear of loosing money especially when thats a big amount.
That is why it is advised to invest only that amount of money in the start which you can afford to lose. If you keep on having this fear in your mind, then you can never what all you actually can get. Moreover, this will only add more troubles for you. So better is to be brave and plan the things well so that you may not lose your money.
Yes when you ate now can handle the fear of losing in just a small amount then after this you can now practice as well for whats the second step this is not about how much you would be losing but on how you will overcome even small amount. You will be having a step on it how you can avoid to lose big amount of money.
It is never easy to let your money get in huge loss.
There is a feeling to cut the loss as soon as possible rather than waiting for the price back up.
Being overconfident also won't be good , you need to know a real factor why you get loss and is it possible the price moving up gain or not.
SoulBargain
Full Member
***
Offline Offline

Activity: 234
Merit: 100


View Profile
October 17, 2017, 11:02:03 AM
 #850

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
But one should know when to sell and when to buy to avoid losing money. Its natural really if you're a befinner but as time goes by you should learn from it and never do the same mistake twice.
kotajikikox
Full Member
***
Offline Offline

Activity: 2422
Merit: 214


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 17, 2017, 11:16:08 AM
 #851

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

correct the key of the success one thing i learn losing of the investment because of the overcome comfident and mistakes are the best teacher how can go up again in life insist yourself  don't want again another mistakes to losing the investment, reading and researching about how to trade are the best way to avoid losing.

KennyR
Hero Member
*****
Offline Offline

Activity: 2310
Merit: 532


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
October 17, 2017, 11:23:22 AM
 #852

For me a bit but i still having progress of reducing my fear of loosing money especially when thats a big amount.
That is why it is advised to invest only that amount of money in the start which you can afford to lose. If you keep on having this fear in your mind, then you can never what all you actually can get. Moreover, this will only add more troubles for you. So better is to be brave and plan the things well so that you may not lose your money.
Yes when you ate now can handle the fear of losing in just a small amount then after this you can now practice as well for whats the second step this is not about how much you would be losing but on how you will overcome even small amount. You will be having a step on it how you can avoid to lose big amount of money.
It is never easy to let your money get in huge loss.
There is a feeling to cut the loss as soon as possible rather than waiting for the price back up.
Being overconfident also won't be good , you need to know a real factor why you get loss and is it possible the price moving up gain or not.
Yes, losing money through bitcoin happens very rarely. That too happens because of our mistakes and not because of the bitcoin's nature. Bitcoin on it path moves focusing to reach new levels, but in between fluctuates. This fluctuation initiate panic among the user and let the user end up losing.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
 
    CRYPTO WEBNEOBANK    
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
Caladonian
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 540


View Profile
October 17, 2017, 11:43:23 AM
 #853

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
But one should know when to sell and when to buy to avoid losing money. Its natural really if you're a befinner but as time goes by you should learn from it and never do the same mistake twice.
well everyday is a learning day inside your trading activity, you will lose for sure but the ability to bounce back and work hard to recover your loses will allow you learn pro traders also got some experience of having some fear starting over again after they've got loss their initial investment but because
of their willingness to work hard they able to survive and now taking advantage.
Japinat
Hero Member
*****
Offline Offline

Activity: 3010
Merit: 683



View Profile
October 17, 2017, 12:58:21 PM
 #854

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
But one should know when to sell and when to buy to avoid losing money. Its natural really if you're a befinner but as time goes by you should learn from it and never do the same mistake twice.
well everyday is a learning day inside your trading activity, you will lose for sure but the ability to bounce back and work hard to recover your loses will allow you learn pro traders also got some experience of having some fear starting over again after they've got loss their initial investment but because
of their willingness to work hard they able to survive and now taking advantage.
There is no overnight success in trading, although we are expect to have a big profit but we should always consider the amount we are risking.
For beginners it's important with a small amount so the risk is lower, eventually as you keep adjusting your mistakes you will be able to improve slowly reaching your expectation of profit, you risk based on your self assessment so if you believe you are good enough then that is the time to risk big amount.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
matchi2011
Sr. Member
****
Offline Offline

Activity: 1456
Merit: 267


Buy $BGL before it's too late!


View Profile
October 18, 2017, 03:49:36 AM
 #855

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
But one should know when to sell and when to buy to avoid losing money. Its natural really if you're a befinner but as time goes by you should learn from it and never do the same mistake twice.
well everyday is a learning day inside your trading activity, you will lose for sure but the ability to bounce back and work hard to recover your loses will allow you learn pro traders also got some experience of having some fear starting over again after they've got loss their initial investment but because
of their willingness to work hard they able to survive and now taking advantage.
There is no overnight success in trading, although we are expect to have a big profit but we should always consider the amount we are risking.
For beginners it's important with a small amount so the risk is lower, eventually as you keep adjusting your mistakes you will be able to improve slowly reaching your expectation of profit, you risk based on your self assessment so if you believe you are good enough then that is the time to risk big amount.

And even long time experienced traders make mistakes and lose money. It's a constant thing when you're into trading so you have to accept that its part of what you're doing and the best thing we can do is to learn from it. Trading is risky so when you trade, you make risks and however cautious you are, it will come so you have to live with it

█████████████████████████████████████████████████████████████████████████████
.
.
█████████████████████████████████████████████████████████████████████████████
        ██████████████▄▄▄
       ▐███████████████████▀
       ████████████████▀▀
                    ▀
                            ▄▄
      ███████████       ▄▄████
     ▐██████████▌      ███████
     ███████████      ███████▀
    ▐██████▌         ███████▀
    ███████       ▄▄███████▀
   ▐██████████████████████▀
  ▄█████████████████████▀
▄██████████████████▀▀▀
███████████████████████████
███████████████████████████
███████████████████████████
██████▀███████▀   ▀▀▀▄█████
█████▌  ▀▀███▌       ▄█████
█████▀               ██████
█████▄              ███████
██████▄            ████████
███████▄▄        ▄█████████
██████▄       ▄████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
██████████████████▀▀███████
█████████████▀▀▀    ███████
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
█████████▌▐       █████████
██████████ ▄██▄  ██████████
████████████████▄██████████
███████████████████████████
███████████████████████████
jubayerjb25
Full Member
***
Offline Offline

Activity: 186
Merit: 100



View Profile
October 18, 2017, 08:54:56 AM
 #856

I don't think that holding Bitcoin is not at all risk because If bitcoin value goes down but it doesn't mean that I will go to sell or convert in different coin because I have faith that the value will go high again. So i will hold it for a long time to make more profit with that same coin. We have to keep in mind that if you don't invest then in return you will get nothing, so nothing to fear.
ahiaba.john@yahoo.com
Member
**
Offline Offline

Activity: 365
Merit: 10


View Profile
October 25, 2017, 01:23:34 PM
 #857

There is no doubt about it, all successful traders one way or the other have loose money in the process of trading. Successful trader learn how to overcome such a situation by taking into consideration that  loosing money in the process of trading is inevitable. If someone want to venture into trading, he/she should understand that lost of money may occur along the line. All you need to do is to go into trading with determination and always remember to do so by taking  minimum risk.

Loopper
Full Member
***
Offline Offline

Activity: 616
Merit: 100



View Profile
October 25, 2017, 01:34:12 PM
 #858

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
But one should know when to sell and when to buy to avoid losing money. Its natural really if you're a befinner but as time goes by you should learn from it and never do the same mistake twice.
well everyday is a learning day inside your trading activity, you will lose for sure but the ability to bounce back and work hard to recover your loses will allow you learn pro traders also got some experience of having some fear starting over again after they've got loss their initial investment but because
of their willingness to work hard they able to survive and now taking advantage.

Feeling the failure can make the key to produce victory in the future and that will happen one day.  Wink
Bestfriendko
Full Member
***
Offline Offline

Activity: 168
Merit: 100



View Profile
October 28, 2017, 06:07:27 PM
 #859

We do not always win in trading. There is always this risk of losing.
That's why before we venture in some trading, we have to study all the pros and cons.
Get some advise from people around you.
Losing should not stop us from starting again. We have to learn from our mistakes.
You lose some, you win some.



vegethegreat
Full Member
***
Offline Offline

Activity: 129
Merit: 100


View Profile
October 29, 2017, 04:32:03 AM
 #860

Loosing is a part of trading, so do not invest your money in trading which you cant afford to loose, thats the basic principle of traders. It is also a result of a wrong decion, you should be careful. Learn from your mistakes.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!